$USDC What is the news about USDC and Binance?

1. USDC on Binance

It is one of the most liquid stablecoin pairs on Binance: the trading volumes of USDC/USDT are in the billions, with prices hovering around $1, reflecting typical stability and insignificant spreads.

Binance emphasizes low fees, allowing commission-free exchanges between stablecoins like USDC and USDT.

2. Why USDC is important

USDC is a fully regulated stablecoin, issued by Circle and backed 1:1 by reserves of US dollars.

It operates on multiple blockchains (Ethereum, Solana, Polygon, Binance Smart Chain, etc.), enhancing flexibility and accessibility.